Obama Does It Again: Fourth Worst Economy In U.S. History

The Obama administration is scurrying to blame anyone other than themselves for the complete failure that will go down as the fourth worst economic Presidency in American History. Obama is closing in on the embarrassing distinction of being the only U.S. President in American history to fail to oversee even one year of 3.0% economic growth. Jim Hoft of the Gateway Pundit writes "On Thursday the Commerce Department announced that the US economy expanded at the slowest pace in two years. GDP growth rose at an anemic 0.5% rate after a paltry 1.4% fourth quarter advance. Ronald Reagan brought forth an annual real GDP growth of 3.5%. Barack Obama will be lucky to average a 1.55% GDP growth rate. According to Louis Woodhill, if the economy continues to perform below 2.67% GDP growth rate this year, President Barack Obama will leave office with the fourth worst economic record in US history."





The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more